Question: Question 14 (4 points) Again, Inc. bonds have a par value of $1,000, a 22 year maturity, and an annual coupon rate of 13.0% with

Question 14 (4 points) Again, Inc. bonds have a par value of $1,000, a 22 year maturity, and an annual coupon rate of 13.0% with annual coupon payments. The bonds are currently selling for $982. The bonds may be called in 3 years for 113.0 % of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible? 11.88% 13.26% 19.21% 14.51% 17.48%

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